https://www.youtube.com/watch?v=cnYUb2VOPQI

https://www.youtube.com/watch?v=MVI7Jm_abrg

If you trading timeframe M15 than look currency strength meter at H1...

If you trading timeframe H1 than look currency strength meter at H4... And so on.

You should buy strong currency (Currency Strength Meter 60+) and sell weak currency (Currency Strength Meter 40-). 

Also if you have your own strategy you can back-test. Find winning trades on history data and setup CSM to this date and look what are CSM values were at that time. Do this at least 10-20 times. Calculate average value. And when you want to take a trade look to CSM if it shows about same value you should take a trade if not skip this trade. If you will do this your win rate must increase. 

If you want to use history data you should enable "Display history line" on property page. Thus you can see history line. Move it to view CSM data at this history.

When you find the best CMS values according to you strategy you can config notifications. Thus you will be notified when market will have such conditions.

How to know how is the system determine the "Tradable Pairs"?

Tradable Pairs are calculated by formula, which can be changed at any time.

Default combined formula is D:H1:15;D:H4:20;D:D1:15;L:H1:50:50;L:H4:50:50;L:D1:50:50

Let's describe each specified formula one by one separately:

D:H1:15 - Difference between strong and weak currencies at least 15 points at H1 timeframe

D:H4:20 - Difference between strong and weak currencies at least 20 points at H4 timeframe

D:D1:15 - Difference between strong and weak currencies at least 15 points at D1 timeframe

L:H1:50:50 - Weak currency below 50 level and strong currency above 50 level at H1 timeframe

L:H4:50:50 - Weak currency below 50 level and strong currency above 50 level at H4 timeframe

L:D1:50:50 - Weak currency below 50 level and strong currency above 50 level at D1 timeframe

You can changed it as you want.

And as always:

Take profit!

First of all thanks for using of this indicator. I hope it will help you to take profit more frequently.

Answers for your questions:

1. So, could you explain me for more detail about your indicator? For example: The rule and the method which used by indicator... by RSI, by…etc?

Watch this video to know how to use Currency Strength Meter: 

    * https://www.youtube.com/watch?v=cnYUb2VOPQI

    * https://www.youtube.com/watch?v=MVI7Jm_abrg

First of all it was designed to use Adam's Khoo strategies, and also I extend it with different algorithms (by default its RSI).

Also my suggestion is to combine CSM with your strategies. You should find the bests setups according to your strategies at history data. Use history line in CSM to target it to founded strategy setup and then you should collect data from CMS. Do this for 10-20 strategy setups. In that way you have good statistical data for your strategies with CSM. Analyse your statistics to get knowledge which CSM values is the best to your strategy. And at the future as you'll see  potential entry setup watch to CMS. It should have about the same values as in your statistic. If so take this trade if not skip this entry setup and go to find new entry setups.

2. And how about the Activations left: 5 of 5? It will be followed by my MQL5 account or my computer?

Here what MQL says about this:

"During the activation, your software product is bound to the buyer's hardware, so that the copy of the application cannot work on another PC. The application should be re-activated and downloaded again in order to launch it on another computer. This mechanism is designed to protect your application from unauthorized copying. If the activation limit is exceeded, the buyer will have to purchase the product again."

As I understand activation count is number of different computers where your can run indicator.

3. Finally, Please help me if I have issue when using the indicator and notice to customer as me if you have new version!

As I'll develop new version of indicator you'll get notification from MQL in this MQL messenger (messenger where you are reading this message).

Also you can add me to your friends and you will be able to get notifications from all of my activities at MQL portal.

If you find any problems, bugs or ideas how to improve this indicator please let me know. And I'll make new updates.

Thanks and   Take profit!

Take profit!

New update for Currency Strength Meter Pro Graph for MT5 version 2.00 has been released.

Update changes:

   * Added high resolution screens support (4K);

   * Added User Interface (UI) scaling and Font scaling;

   * Added support of strength identification for Gold;

   * Added possibility to get notification once N period candle is closed;

   * Added expression based notification for levels crossing, which allows to get notifications when there is a cross on many different timeframes all at once;

   * Added averaging CSM values for different timeframe for tradable pairs finder;

   * Added support for all timeframes (M1,M2,M3,M4,M5,M6,M10,M12,M15,M20,M30,H1,H2,H3,H4,H6,H8,H12,D1,W1,MN1,Current);

   * Added new Currencies Strength State Notification which shows strength of all currencies as N period candle is closed;

   * Added averaging CSM values for Currencies Strength State Notification;

   * Improved history data loading. It allows to show indicator data more faster if history data is missed;

   * Improved logging at notifications area;

   * Fixed delay of dashboard data updating after timeframe switching;

   * Fixed not sending of notifications on some conditions;

   * Fixed typo mistakes;

Watch demo video of current update:

Take profit!

New update for Currency Strength Meter Pro Graph for MT5 version 2.10 has been released

Update changes:

1. Added bearish or bullish description next to tradable pair for Currency Strength State Notification.
2. Added new DM (Difference max between currencies' strength) algorithm for tradable pair search engine.
3. Added Moving Averages Alignment algorithm for tradable pair search engine.
4. Fixed D (Min Difference between currencies' strength) algorithm for tradable pair search engine for (CCI, RVI and Momentum algorithms).
5. Fixed indicator initialization if cross level expression is empty at indicator properties.

Watch demo video of current update: 

Take profit!

New update for Currency Strength Meter Pro Graph for MT5 version 2.11 has been released

Update changes:

1. Fixed tradable pairs finder for MA alignment algorithm if Gold is enabled.

Take profit!

New update for Currency Strength Meter Pro Graph for MT5 version 3.00 has been released

Update changes:

1. Added possibility to backtest history data with history line at specified time with one minute accuracy (not only with close time of candle).
2. Added time based graph lines calculation (It allows to show currencies strength which is calculated on specified timeframe on candle close time of current chart timeframe).
3. Added possibility to change Gold symbol. It allows to use any different symbol not only gold but XAG, XAU etc.
4. Added Bullish or Bearish direction of tradable pairs in tradable pairs notification message.
5. Adding history line object to visible list of chart objects.
6. Keeping history line state on chart even if indicator's properties have changed.
7. Momentum algorithm values for strength calculation is multiplied by 100.
8. RVI algorithm values for strength calculation is multiplied by 100.
9. Disabled ray property of history line.
10. Fixed out of range index error for indicator buffer for some CSM Algorithms.
11. Fixed wrong shift between text labels and graph lines for extended timeframes at MT5 (M2, M6,M10,H2...).

Demo video of current update coming soon.

Take profit!

New update for Currency Strength Meter Pro Graph for MT5 version 3.03 has been released

Update changes:

   1) Optimized of CSM values calculation by caching values for every update circle (7 times faster, load of CPU for CSM values calculation is reduced for 85 percent).

   2) Added auto scrolling of chart to history line time if it is out of view (it allows do not lose history line).

   3) Fixed DeMarker algorithm name.

   4) Fixed not updating CSM values when moving history line.

   5) Speed up of tradable pairs searching with MA algorithm at indicator init time and switching timeframes.

New update for Currency Strength Meter Pro Graph for MT5 version 4.0 has been released

Update changes:

   1) Added possibility to run many instances of indicator to the same chart window.

   2) Added application source description for all notifications, it helps to identify from which instance of indicator a notification was thrown.

   3) Added tracing for terminal information, broker information, MQL program information and input parameters information.

   4) Added possibility to draw graph lines for instruments from specified symbols or specified instruments.

   5) Added possibility to show Cross Lines Notification for instruments from specified symbols or specified instruments.

   6) Added possibility to show Cross Level Notification for instruments from specified symbols or specified instruments.

   7) Added possibility to show Tradable Pairs Notification for instruments from specified symbols or specified instruments.

   8) Added possibility to show Currencies Strength State Notification for instruments from specified symbols or specified instruments.

   9) Added cross level notifications for average strength from multiple timeframes.

   10) Added cross lines notifications for average strength from multiple timeframes.

   11) Added possibility to search crosses lines for cross lines notifications on different timeframe together at the same time (works as AND condition) like it was done for crosses levels notifications.

   12) Added new filtering algorithm for tradable pairs searching. It's called  "Symbols". It allows to search tradable pairs with pairs which are listed by user or ignore pairs which are listed by user.

   13) Changed MA algorithm rules for search of tradable pairs (If you are using custom tradable pairs expression do not forget to update your expression according new rules for MA algorithm).

   14) Improved indicator initialization stability.

   15) Fixed not getting tradable pairs notifications.

   16) Fixed typo mistakes at input parameters of indicator.

Happy new Year and Take profit !

1. Added possibility to show graph lines for multiple timeframes for the same instrument at one sub-window.
   
   
2. Added possibility to chose speed optimization for calculation graph lines for "Time based calculation" (Set property "Use fast time based calculation" to false for dip history back testing. It's slow but very accurate. Use this method for back testing your strategy.. Set property "Use fast time based calculation" to true for fast calculation. It can show little different values dip in history. Use this method for trading.).
   
   
3. Added average strength calculation from different timeframes for graph lines (values of graph lines are calculated by average CSM value of specified Timeframes f.e. AV[H1,H4]).
   
   
4. Added possibility to use specified graph lines timeframes according to current chart timeframe (f.e. Chart timeframe M15 - graph lines timeframes AV[H1, H4];H1 or Chart timeframe H1 - graph lines timeframes AV[H4, D1];H4).
     
5. Added graph lines styling for lines of current chart timeframe.
   
   
6. Added graph lines styling for lines of current chart instrument and current chart timeframe at the same time.
   
   
7. Added possibility to show maximum available points to draw graph lines if user has requested data for more than available points by "Candles for calculation" property.
8. Added "Disabled" log level and it's used by default.
9. Added possibility to change Libels view of Graph Lines by expression with 3 different replacement variables: ${Instrument}, ${Timeframe}, ${Strength}.
   
   
10. Improved strength calculation speed.
11. Improved loading speed of graph lines by caching values.
12. Improved calculation speed of indicator processors for "Time based process" (if possible it passes calculation to "Index base process" which is much faster than "Time based process").
13. Improved initialization speed of CorrelatedIndicatorProcessor for MT5.
14. Improved log messages and added new messages to log.
15. Workaround incorrect symbol parsing by XM broker.
16. Fixed not updating indicator strength values in some cases (when history time equals to 0, transmitting to "Index base" calculation).
17. Fixed invalid data for drawing on graph lines if "Candles for calculation" property is set to 0.
18. Refactoring and many other improvements.

Take profit !

1. Improved strength value calculation if new candle for some pairs of 28 is appeared and for some pairs of 28 new candle is not appeared yet (haven't received new ticks for some pairs of 28 at time when new candle should be formed).

Take profit !

1. Added possibility to show label for history line with history line's date and time.
   a

Take profit  !

1. Fixed of unneeded drawing for invisible graph lines in some cases.

Take profit  !

Update changes:

Take profit!